Butterfly Ventures Overview
Founded in 2012, Butterfly Ventures is a prominent seed-stage venture capital firm based in Oulu, Finland, with additional offices in Helsinki, Stockholm, Tallinn, and Copenhagen. The firm specializes in early-stage investments in deep tech, hardware, and hardware-interfacing software startups across the Nordic and Baltic regions. Known for its cooperative approach, Butterfly Ventures works closely with founders, providing comprehensive support from all partners. The firm manages approximately €77 million across its funds and has invested in over 100 companies through more than 200 funding rounds. Its portfolio companies have raised approximately €180 million in follow-on financing and generated over €500 million in revenue. Butterfly Ventures is committed to societal impact, being recognized as the first 100% carbon-neutral VC fund in Europe by Forbes.
Is Butterfly Ventures the right VC for your startup? Browse their investment focus, stage preferences, and geographic scope to see how well they align with your fundraising goals. Your full match score with Butterfly Ventures , along with a list of other relevant VCs, is available on Hopohopo.io.
Butterfly Ventures
Investment focus
Revenue needed
- €0 - €1,000,000
Invest in
- Baltics
- Nordics
Product type
- Hardware
- Software-enabled hardware
- Other
Industries / verticals
- Consumer Electronics & Smart Home (non-wearable)
- Energy
- Engineering / Manufacturing
- Gaming
- Industrial Automation
Investment role
Lead and follow
Stages
Seed
First ticket size
€50,000 - €500,000
How to approach funds like Butterfly Ventures
When reaching out to Butterfly Ventures, founders should highlight their team's technical depth and the defensibility of their technology, especially if their solution bridges hardware and software. Demonstrating early traction, a clear path to scalable impact, and a strong fit with the Nordic/Baltic innovation ecosystem will resonate. Butterfly values founders who are open to hands-on collaboration and can articulate how their solution addresses real-world problems with measurable outcomes.
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